Modeling Loss Aversion in High-Stakes Game Scenarios
Pamela Kelly 2025-02-08

Modeling Loss Aversion in High-Stakes Game Scenarios

Thanks to Pamela Kelly for contributing the article "Modeling Loss Aversion in High-Stakes Game Scenarios".

Modeling Loss Aversion in High-Stakes Game Scenarios

This study explores the evolution of virtual economies within mobile games, focusing on the integration of digital currency and blockchain technology. It analyzes how virtual economies are structured in mobile games, including the use of in-game currencies, tradeable assets, and microtransactions. The paper also investigates the potential of blockchain technology to provide decentralized, secure, and transparent virtual economies, examining its impact on player ownership, digital asset exchange, and the creation of new revenue models for developers and players alike.

This paper explores the potential role of mobile games in the development of digital twin technologies—virtual replicas of real-world entities and environments—focusing on how gaming engines and simulation platforms can contribute to the creation of accurate, real-time digital representations. The study examines the technological infrastructure required for mobile games to act as tools for digital twin creation, as well as the ethical considerations involved in representing real-world data and experiences in virtual spaces. The paper discusses the convergence of mobile gaming, AI, and the Internet of Things (IoT), proposing new avenues for innovation in both gaming and digital twin industries.

This study investigates the economic systems within mobile games, focusing on the development of virtual economies, marketplaces, and the integration of real-world currencies in digital spaces. The research explores how mobile games have created virtual goods markets, where players can buy, sell, and trade in-game assets for real money. By applying economic theories related to virtual currencies, supply and demand, and market regulation, the paper analyzes the implications of these digital economies for the gaming industry and broader digital commerce. The study also addresses the ethical considerations of monetization models, such as microtransactions, loot boxes, and the implications for player welfare.

The debate surrounding the potential impact of violent video games on behavior continues to spark discussions and research within the gaming community and beyond. While some studies suggest a correlation between exposure to violent content and aggressive tendencies, the nuanced relationship between media consumption, psychological factors, and real-world behavior remains a topic of ongoing study and debate.

This meta-analysis synthesizes existing psychometric studies to assess the impact of mobile gaming on cognitive and emotional intelligence. The research systematically reviews empirical evidence regarding the effects of mobile gaming on cognitive abilities, such as memory, attention, and problem-solving, as well as emotional intelligence competencies, such as empathy, emotional regulation, and interpersonal skills. By applying meta-analytic techniques, the study provides robust insights into the cognitive and emotional benefits and drawbacks of mobile gaming, with a particular focus on game genre, duration of gameplay, and individual differences in player characteristics.

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